This is a sophisticated framework for understanding the forms of value-adding activity organized and coordinated by the TNC in conjunction with its many global partners, suppliers, service providers, and customers.

Question

Quizplus · Accepted Answer

The correct answer is B) Global production networks. This term specifically refers to the complex, interconnected series of production, distribution, and consumption processes organized by transnational corporations (TNCs) and their global partners, suppliers, service providers, and customers. It emphasizes the networked nature of global economic activities beyond simple commodity chains.

This Is a Sophisticated Framework for Understanding the Forms of Value-Adding